Ratigan asked Cantwell, "Knowing two massive exemptions in the piece of legislation the Secretary endorsed yesterday on 'Meet the Press' ... why does Tim Geithner still have a job?"

"I'm not sure," Cantwell responded, "because David Gregory had him almost -- trying to get a straight answer out of him. What the Treasury Secretary basically said was, yes, banks should take more risks and we should continue the loopholes and that is really appalling because, right now, we know that lack of transparency has caused this problem with the U.S. economy and Wall Street is continuing, one year later, continuing the same kind of loopholes. And so if the Treasury Secretary doesn't come down hard against these loopholes and advocate for closing them, then we're going to have a tough time closing them in Congress. So the Treasury Secretary is dodging the issue."